Poland vs the Solomon Islands: Economic Indicators Comparison

Poland with a GDP of $585.7B ranked the 22nd largest economy in the world, while the Solomon Islands ranked 182nd with $1.4B. By GDP 5-years average growth and GDP per capita, Poland and the Solomon Islands ranked 53rd vs 90th and 62nd vs 145th, respectively.

Gross Domestic Product & Income

StatPolandSolomon Islands
GDP$585.7B$1.4B
GDP growth, 1 year5.1%3.4%
GDP growth, 5-years average4%3%
Population38.4M611k
GDP per capita$15k$2.1k
GDP per capita growth5.14%1.18%
Purchasing Power Parity conversion factor1.787.02
Price level ratio of PPP conversion factor GDP to market exchange rate0.490.88
GDP per capita, PPP adjusted$32k$2.2k
GNI, Atlas method$535.5B$1.3B
GNI per capita$14k$2k
GNI, PPP adjusted$1.1T$1.5B
GNI per capita, PPP adjusted$30k$2.3k

Financial system and Human development

StatPolandSolomon Islands
Income Tax Rate32%40%
Corporate Tax Rate19%30%
Inflation, consumer prices1.6%1%
Inflation, GDP deflator1.2%3.5%
Unemployment3.7%1.8%
Economic Freedom Index69.152.9
Personal Freedom Index8.956.1
Human Freedom Index8.026.1
Property Rights Index63.154.6
Judical Effectiveness Index42.853.7
Business Freedom Index62.667.7
Fiscal Health Index92.276.6
Labor Freedom Index6272
Investment Freedom Index8015
Financial Freedom Index7030
Trade Freedom Index86.448
Monetary Freedom Index8284.3
Government Spending Index48.834.2
Tax Burden Index74.765.6
Government Integrity Index64.633.5
Corruption Perceptions Index6044
Life expectancy at birth, years77.972.6
Suicide mortality rate, per 100,000 people16.24.7
Mortality caused by road traffic injury, per 100,000 people9.717.4
Intentional homicides, per 100,000 people0.83.8
International tourism, number of arrivals19.6M28k

Government debt & reserves

StatPolandSolomon Islands
Central government debt, % of GDP48.4%12.1%
External debt stocks, % of GNIN/A29.1%
External debt stocksN/A$388.5M
Short-term debt, % of total reservesN/A7%
Total debt service, % of exports and primary incomeN/A5.6%
Adjusted net savings including particulate emission damage, % of GNI10.6%-13.3%
Gross savings, % of GDP19.6%3.2%
Gross capital formation, % of GDP20.7%14.6%
Total reserves including gold$117B$617.1M
Foreign direct investment net inflows$16.7B$12.1M

Exports, imports and economic structure

StatPolandSolomon Islands
Exports of goods and services, % of GDP55.6%45.1%
Imports of goods and services, % of GDP52.2%53.3%
Current account balance (balance of payments)-$5.8B-$50.6M
Revenue excluding grants, % of GDP33.6%33.8%
Grants excluding technical cooperation, BoP$1.4B$153.5M
Personal remittances received$7.1B$19.3M
Industry including construction value added, % of GDP28.6%N/A
Agriculture, forestry and fishing value added, % of GDP2.1%35%
Charges for the use of intellectual property, payments BoP$3.6B$4.4M
Charges for the use of intellectual property, receipts BoP$614M$599k
Expense, % of GDP34.2%31.9%
Government Expenditure, % of GDP41.3%46.8%

Compare with countries close by GDP per capita

Poland vs

CountryGDP
per capita
Population
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M

Solomon Islands vs

CountryGDP
per capita
Population
Morocco
$3.2k
36M
Moldova
$3.2k
2.55M
Palestine
$3.2k
4.68M
Vanuatu
$3.1k
276k
Philippines
$3.1k
105M
Ukraine
$3.1k
42.6M
Djibouti
$3.1k
957k
Papua New Guinea
$2.7k
8.25M
Vietnam
$2.6k
94.7M
Egypt
$2.5k
94.8M
Laos
$2.5k
6.86M
Honduras
$2.5k
9.27M
Ghana
$2.2k
26.9M
Congo
$2.1k
5.26M
Zimbabwe
$2.1k
16.5M
East Timor
$2k
1.3M
Syria
$2k
18.3M
Nicaragua
$2k
6.22M
Nigeria
$2k
191M
India
$2k
1.33B
Sao Tome and Principe
$2k
204k
Ivory Coast
$1.7k
24.3M
Kenya
$1.7k
48.5M
North Korea
$1.7k
25.5M
Bangladesh
$1.7k
165M
Kiribati
$1.6k
116k
Zambia
$1.5k
17.1M
Cameroon
$1.5k
24.1M
Uzbekistan
$1.5k
32.4M
Senegal
$1.5k
15.9M